SGB Update Sportsmans
Vortex Optics Acquires GeoBallistics
Vortex Optics acquired GeoBallistics, a Dallas, TX-based business providing ballistic mobile application software.
VF Prices €1 Billion Of Senior Notes To Fund Sustainable Development Goals
On the heels of a Moody’s Investors Service downgrade in the debt ratings of VF Corporation, the active lifestyle company has priced €500 million aggregate principal amount of unsecured senior notes due 2026
Duluth Trading Sees Retirement Of Board Director
Duluth Holdings, Inc. announced the retirement of Thomas Folliard as a member of its board of directors.
Fiocchi Appoints New President For North America Operations
Fiocchi hired shooting industry veteran David Blenker as president and CEO of its North American operations. Blenker replaces Anthony Acitelli, retiring after a three-and-a-half-year tenure in the role.
Rocky Brands Sees Lower Q4 Sales On Weaker Wholesale Business
Rocky Brands, Inc. reported that fourth quarter net sales decreased 18.0 percent to $138.9 million, compared with $169.5 million in the fourth quarter of 2021. Wholesale segment sales for the fourth quarter decreased 26.6 percent to $98.9 million.
Redding Reloading Names New Sales & Marketing VP
Redding Reloading Equipment hired Dennis Racine as VP of sales and marketing.
Cascade Designs Taps Industry Vet To Lead NAPR Sales And Marketing
Cascade Designs, the parent of MSR, Therm-a-Rest, Platypus, SealLine, PackTowl, and Varilite, hired David Fee as VP of sales and marketing, North America/Pac Rim.
Academy’s Debt Ratings Raised By Moody’s
Moody’s Investors Service upgraded Academy, Ltd.’s debt ratings to reflect Academy’s continued outperformance relative to expectations and the overall retail industry.
Sportsman’s Warehouse To Open In North Naples
Sportsman’s Warehouse Holdings, Inc. announced it would open a new store in North Naples on March 2, making this the retailer’s first store in Southwest Florida and fourth in the state.
Sturm Ruger’s Sales Slide 11.2 Percent In Fourth Quarter
Sturm, Ruger & Company, Inc. reported sales declined 11..2 percent in the fourth quarter to close the year with a sales decline of 18.5 percent.
Garmin Q4 Revenues Decline 6 Percent On Sharp Decrease In Fitness, Aviation
Garmin Ltd. posted consolidated revenue of $1.31 billion in the fourth quarter ended December 31, a 6 percent decrease compared to the prior-year quarter.
Camping World Sees Q4 Revenue Fall On Softening Demand, Tighter Margins
Camping World Holdings, Inc. saw revenue decrease 7.1 percent to $1.3 billion in the fourth quarter ended December 31, with used vehicle revenue declining 4.8 percent to $392.6 million and new vehicle revenue falling 13.1 percent.
Tractor Supply Improves Ranking On Forbes Best Employers List
Tractor Supply Company has been named to the Forbes list of America’s Best Large Employers. The company’s ranking improved to the 177 spot in the 2023 report from the 329 spot in 2022.
GSI Outdoors Makes Two Key Hires
GSI Outdoors hired Justin Walford as EVP to GSI Outdoors and Pelican International and Tyler Botts as brand marketing manager to GSI.
Walmart U.S. Posts 8.3 Percent Q4 Comp Store Sales Growth
Walmart U.S. comp sales grew 8.3 percent for Q4 and 13.9 percent on a two-year stack. E-commerce growth was 17 percent and 18 percent on a two-year stack.
